Property

FDC halts new projects as property sector faces pressure

Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.

Expanded work-from-home rule eases pressure on IT-BPM firms

The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

Cebu Landmasters expands to Cavite with new township project

Cebu Landmasters Inc. (CLI) has acquired a 70-hectare property in Dasmariñas, marking its entry into Luzon’s fast-growing areas.

COA orders review of developers’ housing dues

The Commission on Audit (COA) has ordered a sweeping review of developers’ compliance with the government’s balanced housing mandate, flagging possible underpayments tied to how the Department of Human Settlements and Urban Development (DHSUD) computed obligations.

SM Offices makes every drop of water work harder

SM Prime Holdings Inc. is proving that in real estate, even water can deliver returns, if managed well enough.

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